Sigma Capital (“Sigma”) has commenced its first PRS site in Scotland, working with Springfield Homes as its Strategic Development Partner. The development – a 75 unit site on Springfield’s Bertha Park site (near Perth) – will generate £0.76m annual rental income once completed and let. Development under a design & build contract with Springfield will cost £11.75m, funded from Sigma’s balance sheet. We do not change forecasts. This provides another strand to the existing strategy and we hope to s ....
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Launches maiden Scottish site with Springfield
- Published:
23 Feb 2021 -
Author:
Andrew Watson | James Bayliss -
Pages:
3
Sigma Capital (“Sigma”) has commenced its first PRS site in Scotland, working with Springfield Homes as its Strategic Development Partner. The development – a 75 unit site on Springfield’s Bertha Park site (near Perth) – will generate £0.76m annual rental income once completed and let. Development under a design & build contract with Springfield will cost £11.75m, funded from Sigma’s balance sheet. We do not change forecasts. This provides another strand to the existing strategy and we hope to s ....